WeblogBahamas.com

Don't miss The Bahamas Antique Auto Show March 13, 2010, at Arawak Cay

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Should we privatise NIB (Social Security) in The Bahamas?

Rick Lowe Jose Pinera, Cato Institute Scholar and former Minister with the government of Chile and the founder of the International Center for Pension Reform shares his thoughts on privatised Social Security. We can do the same here, and should if we want to save the fund for future retirees.... Read more →

Help Haiti through the regional arm of Rotary International

Rick Lowe Haiti might have disappeared from the headlines, but lots of hard work continues. And Rotary is hanging in there to help. If you would like to contribute, I would recommend you donate cash through the regional arm of Rotary International. Should you wish to donate this way -... Read more →

The PLP - "Responsible borowers" in The Bahamas?

Rick Lowe Mr. Al Jarrett, PLP supporter and former banker was quoted in The Tribune Business of February 23, 2010 as saying that during 2002- 2007 the Christie Administration "created something he described as "responsible debt", and expanded the size of government through increased national income derived from foreign direct... Read more →

Lessons in Freedom: How about them Philosophical Differences?

Tibor R. Machan President Obama and others at the summit Thursday (2/25/10) kept talking about philosophical difference between his team and the Republicans but what did they have in mind? By "philosophical" most mean "basic," or "fundamental." Possibly "systemic" could also be meant. Bottom line is that believing in an... Read more →

Does the NIB benefit The Bahamas?

Rick Lowe "In the narrowest of senses, the NIB has benefited some Bahamians. That is what is seen. What is unseen is the creation of false expectations that the money will be available for future retirees." Sometimes the Public Relations Express for the National Insurance Board (NIB) gets rolling along... Read more →

Lessons in Freedom: Egoistic Benevolence Anyone?

Tibor R. Machan A popular, indeed highly respectable, view of ethics is that it's all about serving others. Even if this were true of ethics, it is seriously doubtful that those who preach the idea actually practice it. As the famous poet W. H. Auden put the point so adroitly,... Read more →

We need to cut government spending and encourage private initiative in The Bahamas to grow our way out of debt and this recession

Rick Lowe The Bahamas economy is very weak. The banks are shell-shocked, and not lending to businesses that need cash to tide them through hard times. Unemployment is high, business is bad, the benefit bill is growing and tax revenues have shrunk. Public spending does not stimulate growth. It merely... Read more →

Lessons in Freedom: Krugmania Revisited

Tibor R. Machan ...That is why governments exist, not for all the reasons so many statists, mercantilists--in short, meddlers in human affairs--keep bringing up... Princeton University Nobel Laureate economist and regular pundit at The New York Times, along with many other contemporary defenders of mercantilism--the idea that the state is... Read more →

Political prisoner’s death highlights barbaric conditions and an alarming death toll in Cuba’s prisons

Rick Lowe Cuba Archie sends another distressing release. And many in our society continue to give glowing reports about Castro and his regime. Sickening... Let's join Cuba Archive in their calls on all governments, institutions, and people of goodwill to hold the Cuban regime accountable. Would expect any less if... Read more →